VC, PE firms show appetite for food industry

2012-02-14 10:24:59

As the Chinese become richer and pay more attention to the quality of food, venture-capital and private-equity companies have started to invest in the country's agricultural sector and cultivate food products' brands.

China's aviation giant to expand fleet

2012-02-14 10:07:08

A major Chinese aviation group said Monday it will expand its aircraft fleet and boost revenues to become a global carrier by 2015 as the country's aviation industry grows.

Online luxury market soaring

2012-02-14 09:45:02

The turnover of China's online luxury market has exceeded $1.59 billion and the market is likely to continue expanding at a year-on-year increase of 30 percent over the next several years.

Machinery sector facing friction

2012-02-14 09:17:52

The growth of China's machinery exports will slow this year because of the weakening global economy and increasing protectionism in developed countries.

Wuhu scraps week-old housing policy

2012-02-14 09:15:03

A third-tier city in eastern Anhui province has called an abrupt halt to a housing policy that was announced only last week.

US short-sellers muddy the waters

2012-02-13 08:03:00

Convergence of accounting rules could help firms lose 'fraud' label.

Domestic auto sector makes big impact

2012-02-13 09:56:26

Brilliant sales in the car market of China last year helped General Motors, Volkswagen and the Renault-Nissan Alliance outperform Toyota to become the top three global carmakers.

Direct purchase brings in more profits

2012-02-13 09:29:04

For Zhang Youhai, a 33-year-old pomelo grower in Meizhou, Guangdong province, his happiest memory of 2011 was having all his produce sold through the farmer-supermarket direct purchase program at an early negotiated price.

Valentine's Day 'will boost business'

2012-02-13 09:30:36

Businesses in China are expecting a new boost after the New Year and Chinese Spring Festival spending frenzies thanks to the forthcoming Valentine's Day.

US to probe into wind tower imports

2012-02-11 12:59:05

A US federal trade panel determined Friday the US wind tower industry was "materially injured" by imports from China and Vietnam.

Provinces united to build economic hub

2012-02-11 08:10:27

More than 90 million people will benefit from business cooperation by Hubei, Jiangxi and Hunan provinces.

Boeing calls for Sino-US efforts on ETS

2012-02-11 07:56:11

The US should form a united front with China to combat European Union carbon-emission taxes.